IPO Date: 19 Dec - 23 Dec 2024
Listing Date: 27 Dec 2024
Price Range
₹665 to ₹701 per share
Issue Size
500.33 Cr
Min Investment
₹13,965
Lot Size
21 Shares
Issue open date
19 Dec 2024
Issue close date
23 Dec 2024
UPI mandate deadline
23 Dec 2024 (5 PM)
Allotment finalization
24 Dec 2024
Share credit
26 Dec 2024
Listing date
27 Dec 2024
Mandate end date
N/A
Funds Raised in the IPO | Amount |
---|---|
Overall | 500.33 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 24 Dec 2024 |
Allotment Link | {Link} |
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
Date | Ipo Price | GMP | Estimated Listing Price |
---|---|---|---|
27 Dec 2024 | ₹701 | ₹138 | ₹839 (19.69%) |
26 Dec 2024 | ₹701 | ₹138 | ₹839 (19.69%) |
25 Dec 2024 | ₹701 | ₹134 | ₹835 (19.12%) |
24 Dec 2024 | ₹701 | ₹75 | ₹776 (10.7%) |
23 Dec 2024 | ₹701 | ₹55 | ₹756 (7.85%) |
22 Dec 2024 | ₹701 | ₹40 | ₹741 (5.71%) |
21 Dec 2024 | ₹701 | ₹40 | ₹741 (5.71%) |
20 Dec 2024 | ₹701 | ₹55 | ₹756 (7.85%) |
19 Dec 2024 | ₹701 | ₹70 | ₹771 (9.99%) |
18 Dec 2024 | ₹701 | ₹70 | ₹771 (9.99%) |
17 Dec 2024 | ₹701 | ₹0 | ₹701 (0%) |
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹665 to ₹701 per share | ₹ 6498 (17.99%) | ₹ 504.8 | -27.99% |
Founded in July 1999, Concord Enviro Systems Limited is a global water and wastewater treatment and reuse solutions provider, including zero-liquid discharge (ZLD) technology.The company offers in-house solutions across the entire value chain, including design, manufacturing, installation, operation and maintenance (O&M), and digitalization, such as IoT. The company provides integrated wastewater treatment and zero liquid discharge (ZLD) solutions, focusing on energy optimization and recovery to aid industries in achieving water conservation and sustainability goals.The company's business can be segregated into the following:-1. The manufacture and sale of water and wastewater treatment, reuse and ZLD of systems and plants and turnkey solutions;2. Operations and maintenance;3. The manufacture and sale of consumables and spare parts (including membranes, plants, chemicals and consumables); and4. Installation of compressed biogas plants (“CBG Plants”).As of March 31, 2024, the company exports its solutions to North America, Latin America, Africa, the Middle East, and Southeast Asia and has a large customer base of 377 customers worldwide.As of FY 2024, the company has served over 353 domestic and 24 international customers in pharmaceuticals, chemicals, food and beverage, defence, automotive, steel, and textiles, with a presence in two countries. The company's clients include Diageo Mexico Operaciones, S.A. De C.V., Grasim Industries Limited, AB Mauri, Anthem Biosciences Private Limited, Bhopal Glues and Chemicals Private Limited, Kasyap Sweetners Private Limited, LANXESS India Private Limited, Puja Spintex Private Limited, SFC Environmental Technologies Private Limited, SMS Limited and Tagros Chemicals India Private Limited. Furthermore, the company currently executes projects for multinational companies like Diageo Mexico Operaciones, S.A. De C.V.that include implementing a ZLD solution for their distillery in La Barca, Jalisco, Mexico and a ZLD solution for another customer at their factory in New York, United States of America.The company has two manufacturing facilities: one in Vasai, India, and another in Sharjah, UAE. Their in-house R&D team, comprising 21 employees as of March 31, 2024, develops the solutions.
Founded in | 1999 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 17.32 |
Non-Institutional Investors (NIIs) | 14.2 |
Retail Individual Investors (RIIs) | 5.56 |
Employee | N/A |
Total | 10.67 |